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The Julius Nyerere Hydropower Project and Dam in Tanzania has been inaugurated. It is one of the largest energy projects on the African continent, with an installed capacity of up to 2,115 megawatts. The project plays a vital role in supporting Tanzania's economic and social development by providing a stable energy supply, while delivering development and environmental benefits through the creation of a water reservoir with a capacity of 34 billion cubic meters to control floods and improve water resources. The Egyptian consortium, formed by Arab Contractors and Elsewedy Electric, carried out the project at a cost of approximately $2.9 billion, reflecting the capabilities of Egyptian companies to implement major projects across Africa. The project serves as a model of Egyptian-Tanzanian cooperation and enhances Tanzania's ability to meet its energy needs and achieve economic sustainability.
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